Question

A fish merchant bought a container of fish for $36000. he sold half fish at 20% profit and one sixth at 10% loss. At what price he must sell the remaining for 15% profit on whole

Answer 1

Answer:

36000/2 = 18000 tk

18000 X 1.2 = 21600 tk

6000 X 0.9 = 5400 tk

ADD = 27000 tk

36000 X 1.15 = 41,400 tk

41,400 - 27000 = 14,400 tk

Cost = 36000 - 18000 - 6000 = 12000 tk

Profit = 2400 tk

Profit % = 2400 /12000 X 100 = 20% profit OR 14,400 tk